Kevin Charles

2022-10-15

Suppose that the dividend yield for a certain stock was 6% in 2017. if you purchased 40 shares ata price of $40 per share at the beginning of 2017 and kept your shares until the end of the year, what was your individual dividend for the year Do you have a similar question? Recalculate according to your conditions! Answer & Explanation Marlene Welch Expert 2022-10-16Added 23 answers Assuming the face value of each share to be$ 10, the dividend is $10\cdot \frac{6}{100}=0.60$ per share. Then the individual dividend for the year, on 40 shares is $40\cdot 0.60=24.00$

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